Do you need assistance with finding a hire purchase or finance lease facilities for new or used capital expenditure projects? XL Business Finance has access to many specialist asset based lenders providing you with competitive deals many of which are not available via the high street banks.
Never has a good asset finance broker been able to add so much value to businesses in this difficult economic climate. There are many reasons why you should use a broker a few of which are provided below.
Many high street banks are only providing hire purchase and finance lease facilities for their own customers that meet a certain criteria. If your business is good enough to meet this criteria then great. However many are not. If you have a good business but perhaps are fully exposed with your existing bank or you would prefer not have all your eggs in one basket there are still a few prime lenders that deal purely with the broker market providing an alternative to the high street banks. These funders are happy to provide 3rd part hire purchase and finance lease deals which sit alongside your existing agreements.
If your business has however has had a number of issues an experienced asset finance broker will be able to package the deal in the best possible light from an underwriters perspective. This ensures that you have the best possible chance of success with the most appropriate finance company. There are still many smaller lessor known finance companies that provide funding for many different businesses assets and circumstances. It is simply a case of getting the correct information and making sure we are dealing with the most appropriate funder.
Tags: finance lease, hire purchase
